BTC braked bear-flag to upside

Hi people, looking at the 4-hour chart you can see that BTC has breaked the bear-flag as not expected to the upside.
You can see on my chart that BTC is heading to the 61.8 % resistance at 8632, when we dont get a pull back from there the next resistance would be the 50 % of the current downswing, it is also the 50% resistance of the whole trend after the 6K level. This is would be at around 8800 USD.

I think we are going to hit the black downtrend line (of this current swing) you can see in my chart, keep an eye on this ;)

Going to update this when we have more information.

Have fun and good luck with your trades